Denmark's trade surplus rose to DKK4.9 billion in December from DKK4.16 billion in November, Danmarks Statistik said Wednesday.
Imports increased 2.6% on the month and exports 4.1%.
For 2005 as a whole, the surplus amounted to DKK57.1 billion, up from DKK52.3 billion for 2004. Imports rose 39.2% on the year and exports 33.1%.
Oil-related products made up most of the growth in both imports and exports.
Exports to countries within the European Union rose 13.5%, while exports to the U.S. rose 24.4%.
Exports to the new E.U. member states rose 37.9%.
Peter Skoettegaard Oeemig, analyst at Jyske Bank, said exports should continue to be strong in 2006, considering the positive statistics coming from European trading partners.
Should boycotts from countries in the Middle East and North Africa become official, the most affected industries would be those in heavy machinery, chemicals and electronics, Oeemig said.
"We export a bit more than DKK10 billion a year in goods to the region," he calculated.
Danmarks Statistik Web site: http://www.dst.dk
-By Carlo Piovano, Dow Jones Newswires; +46 8 545 130 98; firstname.lastname@example.org
(END) Dow Jones Newswires